Baidu (BIDU) Operating Expenses (2009 - 2026)

Baidu's Operating Expenses history runs 18 years deep, the most recent figure standing at $4.2 billion for Q1 2026.

• In Q1 2026, Operating Expenses rose 8.73% year-over-year to $4.2 billion; the TTM figure through Mar 2026 stood at $19.3 billion (up 22.11% YoY), while the FY2025 annual figure was $19.3 billion, up 25.89% from the prior year.
• Operating Expenses was $4.2 billion for Q1 2026 at Baidu, down from $4.5 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $6.5 billion in Q3 2025 to a low of $3.6 billion in Q1 2024.
• Historically, Operating Expenses has averaged $4.1 billion across 5 years, with a median of $4.0 billion in 2023.
• The sharpest annual moves came in 2022 and 2025: Operating Expenses fell 16.73% in 2022, then soared 65.03% in 2025.
• A 5-year view of Operating Expenses shows it stood at $4.1 billion in 2022, then climbed by 0.82% to $4.2 billion in 2023, then fell by 0.62% to $4.1 billion in 2024, then grew by 8.02% to $4.5 billion in 2025, then decreased by 6.33% to $4.2 billion in 2026.
• The last three Operating Expenses figures came in at $4.2 billion (Q1 2026), $4.5 billion (Q4 2025), and $6.5 billion (Q3 2025), per Business Quant data.